Polar Capital (LON:POLR – Get Free Report)‘s stock had its “add” rating restated by analysts at Numis Securities in a note issued to investors on Thursday, Digital Look reports. They currently have a GBX 515 ($6.52) price target on the stock. Numis Securities’ price objective points to a potential downside of 5.16% from the company’s current price.
Polar Capital Stock Up 18.7 %
POLR stock opened at GBX 543 ($6.87) on Thursday. The firm has a 50 day moving average of GBX 442.71 and a 200 day moving average of GBX 441.78. The stock has a market capitalization of £549.52 million, a PE ratio of 1,557.14, a price-to-earnings-growth ratio of 0.79 and a beta of 1.22. The company has a quick ratio of 2.45, a current ratio of 2.60 and a debt-to-equity ratio of 6.96. Polar Capital has a 52 week low of GBX 385 ($4.87) and a 52 week high of GBX 559 ($7.08).
Insider Buying and Selling
In related news, insider Samir Ayub sold 6,786 shares of Polar Capital stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of GBX 443 ($5.61), for a total value of £30,061.98 ($38,048.32). 18.33% of the stock is owned by company insiders.
About Polar Capital
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